Which trending stocks are forming orderly pullbacks?
Entry on a break of the previous trading day's high. Stop below the deepest pullback low. Fund managers like to trap pullback traders by triggering a pullback entry, so ignoring a first thrust can often lessen risk.
BBY Best Buy
CPHD Cepheid
DISH DISH Network Corp Cl A
IMAX Imax Corp
KR Kroger Co
LLL L-3 Communications Hldgs
LULU Lululemon Athletica Inc
MASI Masimo Corp
MNST Monster Beverage Corporation
RGC Regal Entertainment Grp'A'
STZ Constellation Brands 'A'
VAR Varian Medical Systems
Entry on a break of the previous trading day's low. Stop above the deepest pullback high. Fund managers like to trap pullback traders by triggering a pullback entry, so ignoring a first thrust can often lessen risk.
NONE
Dave Mecklenburg is the Publisher of TigerSharkTrading.com.